82_FR_56508 82 FR 56281 - Submission for OMB Review; Comment Request

82 FR 56281 - Submission for OMB Review; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 82, Issue 227 (November 28, 2017)

Page Range56281-56281
FR Document2017-25601

Federal Register, Volume 82 Issue 227 (Tuesday, November 28, 2017)
[Federal Register Volume 82, Number 227 (Tuesday, November 28, 2017)]
[Notices]
[Page 56281]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-25601]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-657, OMB Control No. 3235-0705]


Submission for OMB Review; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of FOIA Services, 100 F Street NE., Washington, DC 
20549-2736

Extension:
    Rule 30b1-8 and Form N-CR

    Notice is hereby given that, pursuant to the Paperwork Reduction 
Act of 1995 (``Paperwork Reduction Act'') (44 U.S.C. 3501-3520), the 
Securities and Exchange Commission (the ``Commission'') has submitted 
to the Office of Management and Budget (``OMB'') a request for 
extension of the previously approved collection of information 
discussed below.
    Rule 30b1-8 under the Act [17 CFR 270.30b1-8], entitled ``Current 
Report for Money Market Funds,'' provides that every registered open-
end management investment company, or series thereof, that is regulated 
as a money market fund under rule 2a-7 [17 CFR 270.2a-7], that 
experiences any of the events specified on Form N-CR [17 CFR 274.222], 
must file with the Commission a current report on Form N-CR within the 
time period specified in that form. The information collection 
requirements for rule 30b1-8 and Form N-CR are designed to assist 
Commission staff in its oversight of money market funds and its ability 
to respond to market events. It also provides investors with better and 
timelier disclosure of potentially important events. Finally, the 
Commission is able to use the information provided on Form N-CR in its 
regulatory, disclosure review, inspection, and policymaking roles. The 
rule imposes a burden per report of approximately 8.5 hours and $840, 
so that the total annual burden for the estimated 37 reports filed per 
year on Form N-CR is 315 hours and $31,080.
    The estimate of average burden hours is made solely for the 
purposes of the Paperwork Reduction Act. The estimate is based on 
communications with industry representatives, and is not derived from a 
comprehensive or even a representative survey or study.
    The collection of information on Form N-CR is mandatory for any 
fund that holds itself out as a money market fund in reliance on rule 
2a-7. Responses will not be kept confidential. An agency may not 
conduct or sponsor, and a person is not required to respond to, a 
collection of information unless it displays a currently valid OMB 
control number.
    The public may view the background documentation for this 
information collection at the following Web site, www.reginfo.gov. 
Comments should be directed to: (i) Desk Officer for the Securities and 
Exchange Commission, Office of Information and Regulatory Affairs, 
Office of Management and Budget, Room 10102, New Executive Office 
Building, Washington, DC 20503, or by sending an email to: 
[email protected]; and (ii) Pamela Dyson, Director/Chief 
Information Officer, Securities and Exchange Commission, c/o Remi 
Pavlik-Simon, 100 F Street NE., Washington, DC 20549 or send an email 
to: [email protected]. Comments must be submitted to OMB within 30 
days of this notice.

     November 21, 2017.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-25601 Filed 11-27-17; 8:45 am]
 BILLING CODE 8011-01-P



                                                                          Federal Register / Vol. 82, No. 227 / Tuesday, November 28, 2017 / Notices                                                 56281

                                               arguments concerning the Exchange’s                     II. Date of Effectiveness of the Proposed              that is regulated as a money market fund
                                               proposed MRVP, including whether the                    Minor Rule Violation Plan and Timing                   under rule 2a–7 [17 CFR 270.2a–7], that
                                               proposed MRVP is consistent with the                    for Commission Action                                  experiences any of the events specified
                                               Act. Comments may be submitted by                          Pursuant to Section 19(d)(1) of the Act             on Form N–CR [17 CFR 274.222], must
                                               any of the following methods:                           and Rule 19d–1(c)(2) thereunder,8 after                file with the Commission a current
                                                                                                       December 19, 2017, the Commission                      report on Form N–CR within the time
                                               Electronic Comments                                                                                            period specified in that form. The
                                                                                                       may, by order, declare the Exchange’s
                                                                                                                                                              information collection requirements for
                                                 • Use the Commission’s Internet                       proposed MRVP effective if the plan is
                                                                                                       consistent with the public interest, the               rule 30b1–8 and Form N–CR are
                                               comment form (http://www.sec.gov/
                                                                                                       protection of investors, or otherwise in               designed to assist Commission staff in
                                               rules/sro.shtml); or                                                                                           its oversight of money market funds and
                                                                                                       furtherance of the purposes of the Act.
                                                 • Send an email to rule-comments@                     The Commission in its order may                        its ability to respond to market events.
                                               sec.gov. Please include File No. 4–715                  restrict the categories of violations to be            It also provides investors with better
                                               on the subject line.                                    designated as minor rule violations and                and timelier disclosure of potentially
                                                                                                       may impose any other terms or                          important events. Finally, the
                                               Paper Comments                                                                                                 Commission is able to use the
                                                                                                       conditions to the proposed MRVP, File
                                                 • Send paper comments in triplicate                   No. 4–715, and to the period of its                    information provided on Form N–CR in
                                                                                                       effectiveness, which the Commission                    its regulatory, disclosure review,
                                               to Brent J. Fields, Secretary, Securities
                                                                                                       deems necessary or appropriate in the                  inspection, and policymaking roles. The
                                               and Exchange Commission, 100 F Street
                                                                                                       public interest, for the protection of                 rule imposes a burden per report of
                                               NE., Washington, DC 20549–1090.
                                                                                                       investors or otherwise in furtherance of               approximately 8.5 hours and $840, so
                                               All submissions should refer to File No.                the purposes of the Act.                               that the total annual burden for the
                                               4–715. This file number should be                                                                              estimated 37 reports filed per year on
                                                                                                         For the Commission, by the Division of               Form N–CR is 315 hours and $31,080.
                                               included on the subject line if email is                Trading and Markets, pursuant to delegated
                                               used. To help the Commission process                    authority.9
                                                                                                                                                                 The estimate of average burden hours
                                               and review your comments more                                                                                  is made solely for the purposes of the
                                                                                                       Brent J. Fields,
                                               efficiently, please use only one method.                                                                       Paperwork Reduction Act. The estimate
                                                                                                       Secretary.                                             is based on communications with
                                               The Commission will post all comments
                                                                                                       [FR Doc. 2017–25648 Filed 11–27–17; 8:45 am]           industry representatives, and is not
                                               on the Commission’s Internet Web site
                                               (http://www.sec.gov/rules/sro.shtml).
                                                                                                       BILLING CODE 8011–01–P                                 derived from a comprehensive or even
                                               Copies of the submission, all subsequent                                                                       a representative survey or study.
                                               amendments, all written statements                                                                                The collection of information on Form
                                                                                                       SECURITIES AND EXCHANGE                                N–CR is mandatory for any fund that
                                               with respect to the proposed MRVP that                  COMMISSION                                             holds itself out as a money market fund
                                               are filed with the Commission, and all
                                                                                                       [SEC File No. 270–657, OMB Control No.                 in reliance on rule 2a–7. Responses will
                                               written communications relating to the
                                                                                                       3235–0705]                                             not be kept confidential. An agency may
                                               proposed MRVP between the
                                                                                                                                                              not conduct or sponsor, and a person is
                                               Commission and any person, other than                   Submission for OMB Review;                             not required to respond to, a collection
                                               those that may be withheld from the                     Comment Request                                        of information unless it displays a
                                               public in accordance with the                                                                                  currently valid OMB control number.
                                               provisions of 5 U.S.C. 552, will be                     Upon Written Request, Copies Available
                                                                                                        From: Securities and Exchange                            The public may view the background
                                               available for Web site viewing and                                                                             documentation for this information
                                               printing in the Commission’s Public                      Commission, Office of FOIA Services,
                                                                                                        100 F Street NE., Washington, DC                      collection at the following Web site,
                                               Reference Room, 100 F Street NE.,                                                                              www.reginfo.gov. Comments should be
                                               Washington, DC 20549, on official                        20549–2736
                                                                                                                                                              directed to: (i) Desk Officer for the
                                               business days between the hours of                      Extension:                                             Securities and Exchange Commission,
                                               10:00 a.m. and 3:00 p.m. Copies of the                    Rule 30b1–8 and Form N–CR
                                                                                                                                                              Office of Information and Regulatory
                                               proposed MRVP also will be available                       Notice is hereby given that, pursuant               Affairs, Office of Management and
                                               for inspection and copying at the                       to the Paperwork Reduction Act of 1995                 Budget, Room 10102, New Executive
                                               principal office of the Exchange. All                   (‘‘Paperwork Reduction Act’’) (44 U.S.C.               Office Building, Washington, DC 20503,
                                               comments received will be posted                        3501–3520), the Securities and                         or by sending an email to: Shagufta_
                                               without change. Persons submitting                      Exchange Commission (the                               Ahmed@omb.eop.gov; and (ii) Pamela
                                               comments are cautioned that we do not                   ‘‘Commission’’) has submitted to the                   Dyson, Director/Chief Information
                                               redact or edit personal identifying                     Office of Management and Budget                        Officer, Securities and Exchange
                                               information from comment submissions.                   (‘‘OMB’’) a request for extension of the               Commission, c/o Remi Pavlik-Simon,
                                               You should submit only information                      previously approved collection of                      100 F Street NE., Washington, DC 20549
                                               that you wish to make available                         information discussed below.                           or send an email to: PRA_Mailbox@
                                               publicly. All submissions should refer                     Rule 30b1–8 under the Act [17 CFR                   sec.gov. Comments must be submitted to
                                               to File No. 4–715 and should be                         270.30b1–8], entitled ‘‘Current Report                 OMB within 30 days of this notice.
                                                                                                       for Money Market Funds,’’ provides that
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                                               submitted on or before December 19,                                                                              November 21, 2017.
                                                                                                       every registered open-end management
                                               2017.                                                                                                          Eduardo A. Aleman,
                                                                                                       investment company, or series thereof,
                                                                                                                                                              Assistant Secretary.
                                                                                                         8 15   U.S.C. 78s(d)(1); 17 CFR 240.19d–1(c)(2).     [FR Doc. 2017–25601 Filed 11–27–17; 8:45 am]
                                                                                                         9 17   CFR 200.30–3(a)(44).                          BILLING CODE 8011–01–P




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Document Created: 2017-11-28 01:50:40
Document Modified: 2017-11-28 01:50:40
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation82 FR 56281 

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